Investing.com – Philippines stocks were higher after the close on Thursday, as gains in the Holding Firms, Banking & Financials and Industrials sectors led shares higher.
At the close in Philippines, the PSEi Composite added 0.50%.
The best performers of the session on the PSEi Composite were Metro Pacific Investments Corp (PS:MPI), which rose 4.04% or 0.260 points to trade at 6.690 at the close. Meanwhile, Megaworld Corp (PS:MEG) added 2.42% or 0.110 points to end at 4.660 and LT Group Inc (PS:LTG) was up 2.22% or 0.340 points to 15.640 in late trade.
The worst performers of the session were Petron Corp (PS:PCOR), which fell 1.31% or 0.130 points to trade at 9.800 at the close. Globe Telecom Inc (PS:GLO) declined 1.06% or 22.00 points to end at 2058.00 and Bank of the Philippine Islands (PS:BPI) was down 0.77% or 0.80 points to 103.00.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 106 to 94 and 55 ended unchanged.
Gold Futures for August delivery was up 0.15% or 1.85 to $1223.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 1.57% or 0.71 to hit $45.84 a barrel, while the September Brent oil contract rose 1.46% or 0.70 to trade at $48.49 a barrel.
CNY/PHP was down 0.02% to 7.4425, while USD/PHP rose 0.15% to 50.660.
The US Dollar Index Futures was up 0.03% at 96.00.